Four ESG Funds’ Names Changed
Under the thematic category of equity mutual funds, some ESG funds have been renamed to comply with the new SEBI regulations. In a circular dated July 20, 2023, the Sebi asked mutual funds to use one of six strategies under the ESG category.
SAT Left With Only One Member; Vacancy May Affect Work
Securities and Appellate Tribunal (SAT) presiding officer and judicial member, Justice Tarun Agarwala, retired last week, leaving the quasi-judicial bench with only one judge and potentially affecting the operation of the tribunal that hears appeals against capital market regulator's orders.
Govindayapalli Rao Appointed as Executive Director at SEBI
The capital market regulator, the Securities and Exchange Board of India (SEBI), has appointed Govindayapalli Ram Mohan Rao as its Executive Director for a term of three years.
Materiality of an event should be judged by price variation, suggests a SEBI paper
On Thursday, December 28, the Securities and Exchange Board of India (SEBI) released a consultation paper proposing that rumour verification should focus on material price movements rather than material events defined by Regulation 30 of the listing regulations.
KV Kamath Pledges To Deliver Concise SEBI Compliance Guidelines For The Indian Industry Soon
KV Kamath, Chairman of the Industry Standards Forum, comprising apex industry chambers CII, FICCI and Assocham, announced on Wednesday that significant progress has been made towards putting in place new standards in compliance with SEBI regulations.
In the dark-fibre case, SAT rejects the Rs 7 crore fine imposed by SEBI on NSE
The National Stock Exchange (NSE) has been fined Rs 7 crore by the Securities and Exchange Board of India (SEBI) in the dark-fibre case, but the Securities Appellate Tribunal (SAT) has quashed the fine.
Pushed ESG Framework Group To Simplify Compliance, Conduct Back Testing Of Data: Sebi Chairman
Madhabi Puri Buch, the Chairperson of the Securities and Exchange Board of India (Sebi), mentioned that the advisory panel, led by Navneet Munot of HDFC Mutual Fund, found the process of creating the recently launched ESG framework.
Notice Issued 10 years after investigation, SC Asks SEBI To Probe Its Own Process
The Supreme Court came down heavily on the Securities and Exchange Board of India (SEBI) for issuing a show cause notice to a company 10 years after conducting an investigation.
SEBI establishes panels that assist with compliance
The Securities and Exchange Board of India (SEBI) has organised 16 groups to recommend procedures to improve the compliance process for regulated companies, resulting in reduced expenses.
SEBI Extends Deadline for Listed Companies to Verify Market Rumours
The Securities and Exchange Board of India (SEBI), the Capital markets regulator, has given listed companies more time to verify market rumours.